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Mina price plunged 7% in 24 hours to trade at $0.5715 as of 10:20 am EST.
Mina is correcting after a recent bull run that saw the token rise 45% in the past 31 days.
Looking at 4-hour MINA/USD charts, the 30-day moving average has exceeded the 15-day moving average to form a death cross. This indicates a possible bearish future for Mina.
The RSI is also on a downward trajectory as bears push for the oversold region. The MACD is moving in the red zone. All these indicators show bear dominance on MINA, likely leading to a bearish future. The Bollinger Bands now appear to be diverging, indicating high volatility levels on Mina price.
Meanwhile, as Mina’s future remains uncertain, Bitcoin Minetrix continues to make waves with its ongoing pre-sale as more investors get on board, poisoning as a good alternative.
Bitcoin Minetrix Surges Past $3 Million In Funding
Bitcoin Minetrix (BTCMTX), which operates through stake-to-mine, has seen a surge in interest as investors flock to capitalize on its potential for significantly higher short-term profits compared to Mina. Bitcoin Minetrix has managed to secure more than $3 million within a single month, thanks to the growing trust of investors.
Bitcoin Minetrix represents a stake-to-mine ecosystem that offers an accessible entry point into Bitcoin mining for ordinary individuals through a decentralized cloud mining service. The pioneering stake-to-mine method tokenizes the centralized cloud mining industry, empowering miners and eradicating fraudulent third-party mining practices.
Cloud mining allows anyone to participate in Bitcoin mining without the need to purchase, house, or manage their mining equipment, in contrast to conventional centralized services that often bind customers to lengthy contracts with insufficient compensation for miners.
Bitcoin Minetrix aims to revolutionize the industry with its tokenized ecosystem ahead of the second Bitcoin block halving. It empowers users to acquire and stake BTCMTX tokens to earn mining credits and trade them for Bitcoin Minetrix mining time.
Decentralizing Cloud Mining
Bitcoin Minetrix decentralizes cloud mining, ensuring transparency and trustworthiness, with a staking APY of 200%, combining users’ staking and mining profits, all automatically distributed through audited smart contracts, instilling confidence in investors.
BTCMTX holders enjoy the flexibility to unstake and sell their coins at their convenience, as early users recognize Bitcoin Minetrix’s potential to transform the cloud mining industry, with influential voices like Michael Wrubel, Zack Humphries, and Jacob Bury foreseeing substantial returns from the IEO.
Bitcoin Minetrix is currently available for $0.0113, with expectations of a price surge within 24 hours, highlighting the urgency to secure a position at the current lowest price.
It’s positioned for a successful launch post-presale with strong investor support, an innovative stake-to-mine model, and strong support key influencers. As you watch out for a possible shift in Mina price movement, Visit Bitcoin Minetrix to take part in the presale, with stage 4 being hours away from completion.
#BitcoinMinetrix Stage 4 is ending in less than 24 hours! 🕑 pic.twitter.com/VbNQprvh84
— Bitcoinminetrix (@bitcoinminetrix) November 1, 2023
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